5 Things Home Sellers Need to Know About Hiring An Agent in Philadelphia, Pa and surrounding areas

Are you considering hiring a Real Estate agent in Philadelphia, Pa to help sell your home? This is typically one of the first things people do when they need to sell a property and with good reason. There are many talented agents out there who can help you sell your house on the open market. However, it is not your only option. Distressed sellers may have better luck with a direct sale to a Cash Homebuyer. Our process has the potential to save you both time and money. Here’s what you need to know before signing any contracts with a Real Estate agent to list or sell your property in Philadelphia, Pa or any surrounding areas.

Potential Costs

Selling your house with an agent in Philadlephia, Pa will cost you money both before and after the sale of the property. Yes, you can recoup these costs if the house sells at a certain price point, but there are no guarantees that it will sell or that you will recoup the money you have spent. You’ll need to fix up the property, possibly pay for marketing, and deal with agent commissions once the property has closed. You will also have to cover closing costs and the continued holding costs while your property sits on the market. A direct sale to us at TriState Properties eliminates these costs and allows you to sell your house as-is for Cash.

Expected Time Until You Reach The Closing Table

When hiring an agent in Philadlephia, Pa, there is no guarantee if or when you will make it to the closing table. Most times it just doesn’t acutally happen. You could find a buyer right away, or it could take weeks or even months, sometimes as long as a year depending on how long your willing to play the waiting game. Plus, when a buyer relies on the bank for financing, the escrow process can become drawn out. they could end up not being fully approved for the mortgage. You could spend thousands in holding costs while you are waiting for everything to finalize. And the worst part is, the sale can fall through at any time, leaving you stuck. There is a lot of uncertainty to consider if you are looking for a timely sale of your property in Philadlephia, Pa and surrounding areas.

All Real Estate Agents Are Different

While many agents will have your best interest at heart, some only have their own interests in mind while others are just there to close as many deals as possible. Be careful who you trust to represent you in such an important matter such as selling your house in Philadelphia, Pa or any surrounding county. If you choose to work with an agent, be sure to ask questions about their experience, local knowledge, and marketing plan for the home. Don’t just choose an agent because they are popular or because they have ads on TV. It could be a very bad decision and waste a lot of your time and money.

Check Your Contracts

Once you sign a listing agreement with a Philadlephia, Pa real estate agent, you may be on the hook with them for more than you bargained. Did you know that in some cases, you will still have to pay your agent’s commission even if you sell the house yourself? Be careful in this process. Before you sign any contracts in regards to your house, make sure you read all of the fine print and are ok with the terms. In some cases if you find your own Cash Homebuyer a Real Estate agent will still expect a commission because you signed on to let them sell the home for you even if they didn’t find the Buyer.

There Are Other Ways to Sell Your House

Listing with an agent is not the only way to sell your house in Philadelphia, Pa and the surrounding areas. Working with a private Cash Home buyer such as TriState Properties can ensure you receive a great price and a fast closing. No Hassle, No Stress and most of all, No money out of pocket. You can also get creative and consider options such as owner-financing in which you become the bank in essence, collecting a monthly income from the home. There are many solutions for home sellers in Philadelphia, Pa, and TriState Properties is happy to help you explore them all!

Hiring an agent in Philadelphia, Pa or any surrounding County? Before you do, it’s important to get the facts. At TriState Properties, we can help you get all of the information you need so that you can make the best decision for your own unique situation. We want to help you achieve the best result possible for your situation. Reach out to us today to learn more about what we can offer you! 267-703-9956

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